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Required information [The following information applies to the questions displayed below.] Megamart provides the following information on its two investment centers. Investment Center Electronics Sporting
Required information [The following information applies to the questions displayed below.] Megamart provides the following information on its two investment centers. Investment Center Electronics Sporting goods Sales $ 42,960,000 18,904,000 Income $ 3,222,000 2,363,000 Average Assets $ 17,900,000 13,900,000 Compute profit margin and investment turnover for each center. Which center generates more income per dollar of sales? Which center has the better investment turnover?
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